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...spate of buyouts has raised fears that companies may be crushed by their huge debts if interest rates climb or the economy falls into a recession. Other critics call going private a waste of scarce capital. "As a financier, I regard it as an easy way to get rich," says Martin Whitman, president of M.J. Whitman & Co., a Manhattan investment firm. "But as a citizen who loves his country, I think there are better and more productive uses of the nation's money supply than to create debt to pay off stockholders...

Author: /time Magazine | Title: The Popular Game Of Going Private | 4/18/2005 | See Source »

...intimacy that slick, impersonal television cannot approach. "Radio personalities are not stars but friends," says Sally Jessy Raphael, whose friends include nearly 2 million weekly listeners to her weeknight radio advice program. "You don't know what Jane Pauley had for breakfast, but you know what I had. People regard their radio stations as an extended family...

Author: /time Magazine | Title: Show Business: Friendly Sounds in the Dark | 4/18/2005 | See Source »

...thrusts itself on her daughter Sybill, a middle-aged spinster who sees a hypnotist to have her subconscious unclogged. Her mother inconveniently expires before Sybill can begin an inquiry. To her siblings, that is just as well. They, and the cousins and in-laws who gather for the funeral, regard talk of ancient murder as tiresome and hysterical. This is an unfocused bunch, and they are not in the mood for Faulknerian horror...

Author: /time Magazine | Title: Books: This Old House FAMILY LINEN by Lee Smith | 4/18/2005 | See Source »

...remember grownups, don't you? Used to see them in the movies all the time. And they can still be found occasionally in real life. They are the ones who work in dumb places like the lumberyard, always remember to buckle their seat belts and regard an afternoon fishing at the lake as entertainment every bit the equal of Miami Vice. They are also, of course, the ones you can't imagine having sex, an interesting past or competence in any field of endeavor that is remotely amusing, let alone thrilling...

Author: /time Magazine | Title: Cinema: What Daddy Did in the Cold War TARGET | 4/18/2005 | See Source »

David's analyses of meals tasted and flavors recalled are completely democratic. A lyonnaise meal prepared by La Mère Brazier, the legendary cook and restaurant owner, is given no more affectionate regard than the simple lunch that provides the book's title. But when the spirit moves her, the author can drop nostalgia and pick up a skewer. A short piece entitled "Your Perfected Hostess" takes apart dishes that have become instant clichés, like vichyssoise and quiche. Of vichyssoise made with substitute ingredients, she writes, "Those people, however, who won't stoop to tinned soups but still want...

Author: /time Magazine | Title: Books: Let Them Eat Mezeskalacs | 4/18/2005 | See Source »

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